Question
Find the $C.P.$ when: $SP = Rs. 5600,$ loss $=6\frac{2}{3}\%$
✓
Answer
$S.P. = Rs. 5600$
Loss $=6\frac{2}{3}\%$
$=\frac{20}{3}\%$
$\therefore\text{C.P.}=\frac{\text{S.P.}\times100}{100-\text{Loss%}}$
$=\text{Rs. }\frac{5600\times100}{100-\frac{20}{3}}$
$=\text{Rs. }\frac{5600\times100\times3}{280}$
$=\text{Rs. }6000$
Loss $=6\frac{2}{3}\%$
$=\frac{20}{3}\%$
$\therefore\text{C.P.}=\frac{\text{S.P.}\times100}{100-\text{Loss%}}$
$=\text{Rs. }\frac{5600\times100}{100-\frac{20}{3}}$
$=\text{Rs. }\frac{5600\times100\times3}{280}$
$=\text{Rs. }6000$
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